Insider Selling: Buffalo Wild Wings CEO Sells 1,000 Shares of Stock (BWLD)
Buffalo Wild Wings (NASDAQ:BWLD) CEO Sally Smith sold 1,000 shares of Buffalo Wild Wings stock on the open market in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $110.48, for a total value of $110,480.00. Following the completion of the sale, the chief executive officer now directly owns 68,609 shares in the company. The sale was disclosed in a filing with the SEC, which is available at this link.
BWLD has been the subject of a number of recent research reports. Analysts at Barclays Capital reiterated a “buy” rating on shares of Buffalo Wild Wings (NASDAQ:BWLD) in a research note to investors on Tuesday, August 27th. They now have a $115.00 price target on the stock. Separately, analysts at Wunderlich raised their price target on shares of Buffalo Wild Wings (NASDAQ:BWLD) from $117.00 to $118.00 in a research note to investors on Tuesday, August 27th. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Buffalo Wild Wings (NASDAQ:BWLD) from $93.00 to $96.00 in a research note to investors on Tuesday, August 20th. They now have a “hold” rating on the stock.
Ten investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $107.50.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) traded up 0.73% on Monday, hitting $110.62. 217,399 shares of the company’s stock traded hands. Buffalo Wild Wings has a 52 week low of $69.72 and a 52 week high of $110.63. The stock has a 50-day moving average of $105.6 and a 200-day moving average of $96.02. The company has a market cap of $2.077 billion and a P/E ratio of 34.20.
Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.09. The company had revenue of $305.00 million for the quarter, compared to the consensus estimate of $304.54 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 27.8% on a year-over-year basis. On average, analysts predict that Buffalo Wild Wings will post $3.63 earnings per share for the current fiscal year.
Buffalo Wild Wings, Inc, is a owner, operator, and franchisor of restaurants. The Company features a variety of menu items, including its Buffalo, New York-style chicken wings spun in any of its 16 types of sauces or five types of seasonings.
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